News

Macau, China, 3 Dec -Chief Executive Fernando Chui Sai On has promised in his New Year’s speech that his government will continue to promote “harmonious development between civil society and the economy.” Chui also said in his address that his government would continue to strive to diversify Macau ’s economy and do its best to […]

Macau, China, 30 Dec – Macau’s dwindling youth population accounts for just 11.9 percent of its total population, in addition to the rising number of middle-aged inhabitants, a low birth rate and longer life expectancy are factors that suggest the city will have to cope with an increasingly ageing population in the next 10 years. […]

Macau, China, 29 Dec – Macau’s officially estimated unemployment rate fell 0.5 of a percentage point to 2.3 percent in the September-November employment survey period, the lowest rate since the establishment of the Macau Special Administrative Region (MSAR) in December 1999, according to official statistics cited by The Macau Post Daily today. The rate was […]

Beijing, China, 27 Dec – The Macau Chief Executive, Chui Sai On met President Hu Jintao and Premier Wen Jiabao and said that Macau has been taking measures to became a world tourism and leisure centre and a business and trading service platform for the relations between China and the Portuguese-speaking countries. According to the […]

Taipei, Taiwan, 27 Dec -The Taiwan offices of Macau and Hong Kong will begin operations in January and March, respectively, the Mainland Affairs Council (MAC) said Monday. The Macau Economic and Cultural Office and the Hong Kong Economic, Trade and Cultural Office opened in Taipei on Dec. 2 and 19, respectively. The quasi-official representative offices […]

Beijing, China, 19 Dec – China ‘ s   top   legislature   will   deliberate   an   expository   bill   of   the   Macau   Basic   Law   as well   as   other   draft   laws   and   amendments   in   a   bimonthly   session   scheduled   for   later   this   month , a   statement   said . The   National   People ‘ s   Congress  ( NPC )  Standing   Committee   will   convene   […]

Macau, China, 16 Dec – Legislators Thursday approved unanimously a government-drafted consumption tax amendment bill that will raise the city’s tobacco tax from four to 10 patacas for a packet of 20 cigarettes, a growth of 150 percent, The Macau Post Daily reports today. Secretary for Economy and Finance Francis Tam Pak Yuen attended the […]

Macau, China, 15 Dec – Secretary for Economy and Finance Francis Tam Pak Yuen said Wednesday  that Supplement VIII to the Mainland and Macau Closer Economic Partnership Arrangement (CEPA) will fully liberalise trade in services, The Macau Post Daily reports today. The new supplement mainly comprises new measures concerning trade and investment facilitation and trade […]

Macau, China, 13 Dec – The Health Bureau (SSM) said Monday that the government-drafted tobacco tax bill suggests to increase the tax from four to 10 patacas for a packet of 20 cigarettes, a growth of 150 percent, according to The Macau Post Daily today. The bureau’s vice director, Cheang Seng Ip, made the revelation […]